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Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of Alabama or anyone looking to become a mortgage broker in Alabama. The current regulations for becoming a Mortgage Broker in Alabama became effective on January 1, 2002. These regulations were designed to allow those seeking mortgages a way to know they were receiving competent assistance. The Alabama State Banking Department, Bureau of Loans, in Montgomery, Alabama, handles all aspects of the Alabama Mortgage Broker License Act . When applying for a Mortgage Broker License in Alabama , the department requires an investigation fee of $100, plus the initial license fee of $500. In Alabama a Mortgage Broker License is required for anyone (including corporations and LLCs) who...